According to the Florida Office of the Attorney General, the Florida repossession law states that when a vehicle is bought on credit, the creditor still owns the vehicle, to a certain degree, until it is entirely paid. The creditor can repossess the vehicle if payments are not made on time.
The Florida Office of the Attorney General also states that the repossession of a vehicle by a creditor under the Florida repossession law does not require any court hearings or even any warnings to the consumer. There are many ways to avoid this situation. The borrower can simply inform a creditor that his payment may be late to prevent the repossession of the vehicle; most creditors usually allow for this as long as the borrower tells them beforehand. Borrowers should understand what constitutes vehicle repossession. Any changes made to the agreement should be written down on an official contract.
Once it is legally able to do so, a creditor can simply come onto private property and take the vehicle. However, it is not able to use physical force or threats unless it wants to pay for any harm that it might cause. Once a creditor repossesses a vehicle, it may either keep it or sell it but it must inform the borrower of its decision. The borrower also has the right to tell the creditor what to do with the car if he happens to disagree with the creditor's decision. Creditors do not have any right to personal property left in repossessed cars, according to the Florida Office of the Attorney General.